ATMIA’s Consortium for Next Gen ATMs, established as an industry future-proofing project in 2017 to create a new API App model and ecosystem for ATMs, attracted its 400th company this week. Raiffeisen Bank Russia was the 400th organization to join the project, which has participants in 55 countries, spanning all sectors of the ATM and cash industries.
The 55 countries include Antigua, Argentina, Australia, Austria, Barbados, Belgium, Bosnia & Herzegovina, Brazil, Canada, Chile, China, Croatia, Dutch Caribbean, France, Guatemala, Germany, Ghana, Greece, India, Indonesia, Iran, Ireland, Israel, Italy, Japan, Malaysia, Malta, Mauritius, Mexico, Myanmar, New Zealand, Netherlands, Nigeria, Palestinian Territory, Papua New Guinea, Paraguay, Portugal, Russia, Saudi Arabia, Sierra Leone, Singapore, South Africa, South Korea, Spain, Sri Lanka, Sweden, Switzerland, Tanzania, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States of America, Vietnam and Zambia.
The online self-certification system for Next Gen ATMs is slated to be launched on November 19th.
“This means the world’s first certified Next Gen ATM is imminent,” explained Mike Lee, CEO of ATMIA and Chairperson of the Consortium for Next Gen ATMs. “It’s a race to the top despite the immense challenges our industry faced during the covid-19 pandemic. This historic milestone will truly represent a reinvention of the ATM after more than 50 years of great service to millions of customers across the world.”
The new API App model for ATMs will see customers transacting seamlessly through mobile apps, with pre-staged transactions, including cash withdrawals or cryptocurrency exchanges, taking under 10 seconds.
“This future-proofing project will integrate ATMs into the mobile-digital platform to take ATMs to a new level of functionality, relevance and convenience,” Lee added.
For more information, please contact Mike Lee at mike@atmia.com.
